crip

  • bankruptcy

If part amount of auctioned property received by bank after CIRP started, sale incomplete – SC  

Since part amount of the auctioned property was received by bank after start of CIRP, and order of moratorium, the…

2 years ago
  • bankruptcy

Form CIRP 8 is required to be filed for all CIRP ongoing or commencing on or after 14.07.2021

Form CIRP 8 is required to be filed for all corporate insolvency resolution processes ongoing or commencing on or after…

3 years ago
  • bankruptcy

Tribunal cannot sit in appeal on commercial wisdom of CoC and annul approved resolution plan. SC dismissed SLP

Appellate Tribunal cannot sit in appeal on commercial wisdom of the ‘Committee of Creditors’ and to annul the resolution plan.…

3 years ago
  • bankruptcy

Pre-packaged insolvency resolution process for micro small and medium enterprises- IBC (Amendment) Ordinance 2021

Pre-packaged insolvency resolution process for micro small and medium enterprises- IBC (Amendment) Ordinance 2021 The President of India has Promulgated…

3 years ago
  • bankruptcy

Person ineligible u/s 29A of IBC to submit resolution plan, barred from proposing scheme of compromise & arrangement

Person ineligible u/s 29A of IBC 2016 to submit a resolution plan, also barred from proposing a scheme of compromise…

3 years ago
  • SEBI

Listed entities to disclose details of approved resolution plan under Insolvency Code

Listed entities to disclose details of approved resolution plan under Insolvency and Bankruptcy Code (IBC) 2016 - SEBI   SECURITIES…

3 years ago
  • bankruptcy

Insolvency Professional to retain records relating to CIRP for eight years-IBBI

  IBBI prescribes Retention period of records by Insolvency Professional relating to Corporate Insolvency Resolution Process Retention period of records…

3 years ago
  • bankruptcy

Initiation of CIRP suspended for a further period of three months from 25.12.2020 

Initiation of CIRP suspended for a further period of three months from 25.12.2020   The Ministry of Corporate Affairs (MCA)…

3 years ago
  • bankruptcy

Refund of excess fee paid for delay in filings under regulation 40B of IBBI CRIP Regulations 2016

Refund of excess fee paid for delay in filings under regulation 40B of IBBI CRIP Regulations 2016 According to sub-regulation…

3 years ago
  • bankruptcy

Initiation of CRIP of a corporate debtor suspended for 3 months from 25.09.2020

Govt suspends initiation of corporate insolvency resolution process of corporate debtor for a further period of three months from 25.09.2020…

4 years ago